Agnico-Eagle Mines Limited announced that its outstanding share purchase warrants will expire on November 14, 2007 at 5:00 pm Toronto time. The warrants were issued in 2002 and each one entitles the holder to purchase one common share of Agnico-Eagle for US$19. The company is a long-established Canadian gold producer with operations in Quebec and exploration activities in Canada, Finland, Mexico and the US.

1. Stock Symbol: AEM (NYSE and TSX) For further information:
David Smith; VP, Investor Relations
(416) 947-1212
EXPIRY OF WARRANTS
Toronto (August 16, 2007) – Agnico-Eagle Mines Limited ("Agnico-Eagle") announced
today that its outstanding share purchase warrants will expire at 5:00 p.m. (Toronto time) on
November 14, 2007. At such time, all unexercised warrants will become void and of no
effect and holders will have no further rights under such warrants. The share purchase
warrants were issued pursuant to a warrant indenture dated November 14, 2002 with
Computershare Trust Company of Canada. Each share purchase warrant entitles the holder
thereof to purchase one common share of Agnico-Eagle for US$19.00.
About Agnico-Eagle
Agnico-Eagle is a long established Canadian gold producer with operations located in
Quebec and exploration and development activities in Canada, Finland, Mexico and the
United States. Agnico-Eagle's LaRonde Mine is Canada's largest gold deposit in terms of
reserves. The Company has full exposure to higher gold prices consistent with its policy of
no forward gold sales. It has paid a cash dividend for 25 consecutive years.
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